... This means the the cost of generating new Bitcoins rises over time, so that the value of Bitcoins rise relative to the available goods and services in the m

... This means the the cost of generating new Bitcoins rises over time, so that the value of Bitcoins rise relative to the available goods and services in the market False. I mean, it could go that way, but if you have a large established market to anchor the value of BTC, the mining difficulty will adjust to match (instead of the value of BTC adjusting to match). If it is not profitable to mine BTC, people will stop mining and the difficulty will drop; the cost of mining will adjust to the value of BTC.